Today has seen a steady move upwards. Given how heavily shorted the stock has been, are we seeing a wave of shorts covering?
Strong first half results in a structurally troubled business makes this a short-to-mid term play at best, but my head (reaffirmed by analyst research) puts FV on this one at ~$1. Time to take profits and run?
This is a screaming sell
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Last
78.5¢ |
Change
-0.035(4.27%) |
Mkt cap ! $665.4M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.0¢ | 77.5¢ | $625.5K | 790.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 49287 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.5¢ | 4141 | 6 |
View Market Depth
| Last trade - 12.28pm 02/07/2024 (20 minute delay) ? |
| MYR (ASX) Chart |